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Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2018
Accumulated Other Comprehensive Loss  
Schedule of components of accumulated other comprehensive loss

 

 

 

 

 

 

 

 

 

    

 

December 31, 2018

    

 

December 31, 2017

 

Net unrealized loss on investment securities available-for-sale

 

$

(3,251)

 

$

(1,237)

 

Income tax

 

 

(683)

 

 

(260)

 

Net of income taxes

 

 

(2,568)

 

 

(977)

 

Benefit plan adjustments

 

 

(7,218)

 

 

(6,628)

 

Income tax

 

 

(1,516)

 

 

(1,392)

 

Net of income taxes

 

 

(5,702)

 

 

(5,236)

 

Derivative adjustments

 

 

246

 

 

 

 

Income tax

 

 

52

 

 

 

 

Net of income taxes

 

 

194

 

 

 

 

Accumulated other comprehensive loss

 

$

(8,076)

 

$

(6,213)

 

 

Schedule of other comprehensive income (loss) and related tax effects

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

    

2018

    

2017

 

2016

 

Unrealized loss on investment securities available-for-sale

 

$

(2,014)

 

$

(1,790)

 

$

(3,417)

 

Net gain on the sale of investment securities available-for-sale

 

 

 

 

 

 

 

 

(623)

 

Benefit plans:

 

 

 

 

 

 

 

 

 

 

Amortization of actuarial loss (2)

 

 

194

 

 

195

 

 

208

 

Actuarial gain (loss)

 

 

(785)

 

 

123

 

 

709

 

Net change in benefit plan liabilities

 

 

(591)

 

 

318

 

 

917

 

Net change in derivatives

 

 

246

 

 

 

 

 

 

 

Other comprehensive loss before taxes

 

 

(2,359)

 

 

(1,472)

 

 

(3,123)

 

Income tax

 

 

(496)

 

 

(515)

 

 

(1,093)

 

Other comprehensive loss

 

$

(1,863)

 

$

(957)

 

$

(2,030)

 

 


(1)

Represents amounts reclassified out of accumulated comprehensive loss and included in gains on sale of investment securities on the consolidated statements of income and comprehensive income.

Represents amounts reclassified out of accumulated comprehensive loss and included in the computation of net periodic pension expense. Refer to Note 15 included in these consolidated financial statements.